Dec 13th - With my timing signal on Nasdaq turning lower this week I’ve definitely seen a change in character of stocks I’m watching and personally own. They aren’t so quick to keep going up as the wind behind the markets just isn’t there. I’d be careful entering new longs but if you absolutely wanted to own this stock now is the time to take a chance as it’s pulled back into support zone.
Nov 24th – I really like this stock from the long side…not exactly where it’s at as of Friday’s close, but on a little bit more of a pullback. The only knock on it is the volume as it’s a little on the lighter side and the fact that the RSI isn’t above 70. I like more liquid stocks for my own personal trading, but this has the look in the chart like it’s going to be higher 4-8 weeks from today when you consider what it’s done since it’s last earnings release. Keep your eye on this stock.
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